High gas prices burning through your checking account faster than a Bugatti Veyron through premium? At least one analyst says the pressure might drop soon. Patrick DeHaan, senior analyst for gasbuddy.com thinks fuel prices have peaked for the year, with the national average sitting at $3.92 for the last week. According to USA Today, DeHaan expects average national gas price to fall to $3.70 before May.

If you're the type to send Thank You cards, keep in mind all those Toyota Prius owners who have sacrificed driving pleasure for greater fuel economy, and the leadership in Iran who have kept things kind of quiet over there for a few days. Depending on your political bent, you can also thank either the Republicans for fostering a slow economy. All those elements contributed to lower oil prices and, in turn, lower gas prices. In contrast, the Federal Energy Administration is still predicting a $4.01/gal peak next month.

Either way, don't rush out and buy that gas-guzzling supercar just yet. Any number of factors could send fuel prices flaring. Meanwhile, enjoy your cheap, $3.92/gal regular while it lasts.


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  • 156 Comments
      redgg78
      • 2 Years Ago
      funny how in the Bush years he and his 'oil buddies' were responsible for high gas prices. Now we're told high prices aren't so bad. Little hypocrisy in the media, maybe? Naaaah!
        • 2 Years Ago
        @redgg78
        [blocked]
      hugobernie
      • 2 Years Ago
      It will come down just before the elections.
        Matt
        • 2 Years Ago
        @hugobernie
        Ah thats right, because the president can control gas prices.Stop being brainwashed.
          Essende
          • 2 Years Ago
          @Matt
          @Matt, president might not have a direct control over gas prices but if you think that politicians do not have INFLUENCE over companies you are kidding yourself.
      mosses77
      • 2 Years Ago
      Our nation started its' decline the moment we opened the doors to China under the Nixon administration. China and India are the leading exporter of goods and we are their dumping ground. It all comes to a an end when you don't have the money to buy their products. The time is almost here, China will rule the world and we will be regulated into a third world nation status. You and I have no one to blame but us for we voted the politicians into office who governed the demise of our nation. Obamha is the last nail to be hammered into the coffin of what we called the USA.
      ryan
      • 2 Years Ago
      Back in my day gas was 2 dollas and gallon and cheaper. Oh wait that was 5 years ago.
      QCRamAir
      • 2 Years Ago
      I miss the days of only 10 years ago, when asking your old man if you could borrow a 20 for gas, and you actually had change left over after filling the tank for some food with your buddies afterwards. When "throwing in a quick $5" actually gave you about 1/3 of a tank of fuel. Hell, I can't even fill my motorcycles up for less than $12 anymore, when just a few years ago, $5 was an entire tank. *sigh* Those were the days... These days, I honestly don't even look at the total cost after filling any of my vehicles, especially my truck. I just know it's gonna be some high figure, bite the bullet, and fill 'er up. Then I go on my way and forget about it. I can't change the price of gas, so I do what I can to not think about it, let alone dwell on it.
      Acefighter
      • 2 Years Ago
      All politics aside, isn't the summer the time of year that gas prices are highest because that's when people travel? Doesn't that mean we are headed INTO peak season? I find it hard to believe gas prices will drop much/for very long...
      nonyabusiness
      • 2 Years Ago
      guess again, the ESTABLISHMENT wants get at $5.00 bucks a gallon or more by May....This article is PURE PROPAGANDA!!!!
      janka51
      • 2 Years Ago
      thats what they thought when it got to a dollar a gallon.
      ccruzan
      • 2 Years Ago
      Yes, now it can settle at just double a couple of years ago.
      Avinash Machado
      • 2 Years Ago
      The days of cheap gas are over.
      Robin Osgood
      • 2 Years Ago
      They should be beyond peaked. We've been producing more oil than we need and with Russia guaranteeing Europe all the oil they need if Iran cuts off the Straight of Hormuz something is very wrong with the price of oil. China has discovered their own source of oil so that explains why they haven't been sweating Sudan for cutting the tap off. So the only countries that will be hurting for oil will be India and the developing countries in Africa if Iran screws everyone but the Arab League can more than handle Iran. Between Saudi Arabia and Bahrain, their Air Forces can take out Iran's antiquated force in no time flat. Plus you have the fact that so many are switching over to natural gas engines and natural gas has reached an all time high in cheap production. So the question is who and what is artificially inflating the oil market?
      seabeeutcn
      • 2 Years Ago
      If the "analysts" say so then it has since they are the ones making up the prices and driving the market.
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